Nisbets

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The founder of a catering equipment empire is lining up a sale to the FTSE distribution group Bunzl that will propel his family into the ranks of Britain's super-rich, Sky News learns. City editor MarkKleinmanSky. Sky News has learnt that Andrew Nisbet, whose business has become a multinational distributor to the food-service sector, is in advanced talks with Bunzl about a deal that could be struck within weeks. If completed, it would propel Mr Nisbet, who founded the company in , and his family into the ranks of Britain's wealthiest people. City sources said that Bunzl had emerged as the likeliest buyer of Nisbets during negotiations with the family-owned company's advisers at Goldman Sachs in recent weeks. Thinking of buying a phone?

Nisbets

Bunzl plc, the specialist international distribution and services Group, today announces that it has signed an agreement to acquire Nisbets in the UK and Pamark in Finland. The purchase price will be settled in cash. It has over 1, employees and an experienced management team that will remain with the Group post-acquisition, with Andrew Nisbet acting as a non-executive director and the family continuing to hold a minority interest in Nisbets. The transaction is subject to customary regulatory approvals and a further announcement will be made in due course following completion. In January, the Group signed an agreement to acquire its first business in Finland, Pamark. This anchor acquisition in Finland is expected to complete later this month and will increase the number of countries in which Bunzl operates to The company generated revenue of EUR 56 million c. Andrew Nisbet has built a high-quality business, with a well-respected management team. The business is complementary to our operations in the catering equipment sector and will enhance our own brand offering and digital capabilities. Pamark is our first acquisition in Finland and provides us with a strong platform from which to grow our presence across multiple end market segments in the country, supporting further expansion of our footprint in the Nordic region.

Toggle limited content width. Important Notices This nisbets may contain certain forward-looking statements, beliefs or opinions, with respect to the financial condition, results of operations and business of Bunzl, nisbets.

Cash back periods run for 6 months. Do I get cashback on everything I buy at Nisbets? As soon as you sign up, you are able to benefit from this deal and your purchases exclusions apply will be collated in order to calculate your cashback at the end of the 6 month period. Nisbets are the largest supplier of hospitality and catering equipment in the UK and are the perfect partner for us to provide added value and support for our members. Nisbets have been helping their customers do great things for over 35 years and offer more choice, better availability, and greater convenience.

Andrew Nisbet, the founder of his family's eponymous company, has asked Goldman Sachs to orchestrate an auction that would elevate them into the ranks of Britain's wealthiest people, Sky News learns. City editor MarkKleinmanSky. Sky News has learnt that Andrew Nisbet, whose business has become a multinational distributor to the food-service sector, has instructed Goldman Sachs to sound out prospective buyers. A formal auction process is unlikely to get under way until much later in the year, and an alternative outcome such as a partial sale remains a possibility, they added. If an outright sale does take place, it would deliver one of the biggest instant paydays to a British entrepreneur for years. John Lewis returns to profit but partners miss out on bonus again. Money blog: Bank transfers could be delayed four days under new fraud laws. Foreign governments face ban on owning British newspapers - effectively blocking Abu Dhabi-led Telegraph takeover. The timing of the prospective process is intriguing, with widespread expectations of a global recession in and discretionary consumer spending likely to come under sustained pressure.

Nisbets

I am often asked, 'What keeps Nisbets growing? Great products, fantastic customer service, a forward-thinking approach and, above all, talented people. People who are passionate about food and our markets.

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Evening Standard. Often, but not always, forward-looking statements can be identified by the use of forward-looking words such as "plans", "expects", "is expected", "is subject to", "budget", "scheduled", "estimates", "forecasts", "goals", "intends", "anticipates", "believes", "targets", "aims" or "projects". In January, the Group signed an agreement to acquire its first business in Finland, Pamark. This announcement may contain certain forward-looking statements, beliefs or opinions, with respect to the financial condition, results of operations and business of Bunzl. In , the company launched its first mail-order catalogue , selling products to students and trade customers. The founder of a catering equipment empire is lining up a sale to the FTSE distribution group Bunzl that will propel his family into the ranks of Britain's super-rich, Sky News learns. Which pages are popular etc - it helps us improve customer experience. Essential essential. Our pipeline remains active, supported by the strength of our balance sheet. City sources said that Bunzl had emerged as the likeliest buyer of Nisbets during negotiations with the family-owned company's advisers at Goldman Sachs in recent weeks. When do I receive my cashback? Accounts Next accounts made up to 31 December due by 30 September Last accounts made up to 31 December Accept analytics cookies Reject analytics cookies View cookies.

If you operate food-based businesses like restaurants, cafes, catering companies or contract food services, having a reliable supplier for quality catering equipment and supplies is essential.

We also use third-party cookies that help us analyze and understand how you use this website. You can change your cookie settings at any time. X Our Website Uses Cookies We use cookies to provide you with the best, most personalised experience possible. These cookies help us make the website and marketing more relevant to your interests. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. The transaction is subject to customary regulatory approvals and a further announcement will be made in due course following completion. Confirmation statement Next statement date 28 April due by 12 May Last statement dated 28 April Categories : Catering and food service companies of the United Kingdom Mail-order retailers Companies based in Bristol. In , the company launched its first mail-order catalogue , selling products to students and trade customers. To accept or reject analytics cookies, turn on JavaScript in your browser settings and reload this page. Skip to main content. Budget latest: Hunt defends announcements after Tory voters deliver scathing verdict.